Factsheet: Workforce Standards for an Equitable Economy

Workforce Standards for an Equitable Economy. California’s economy is growing, but millions of workers are being left behind. As the incomes of the top 1% of wage earners in California …

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Factsheet: Workforce Standards For An Equitable Economy

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Workforce Standards for an Equitable Economy. California’s economy is growing, but millions of workers are being left behind. As the incomes of the top 1% of wage earners in California …

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FAQs about Factsheet: Workforce Standards for an Equitable Economy Coupon?

How can policymakers create a more equitable workforce?

Policymakers can create a more equitable workforce by shifting away from presumptions based on the skills narrative and facilitating conditions in which employment risks and insecurities generated during economic change are shared equitably by everyone who has a stake in the economy. ...

Could a new workforce equity system be a sustainable financial instrument?

In a redesign aimed at closing equity gaps, a new workforce equity system could be financially sustainable by turning to national trust funds as a financial instrument. Under this scheme, revenues generated through a trust would be dedicated to providing public subsidy for the development and operation of the new workforce equity system. ...

How can we build a new workforce equity system?

To build a new workforce equity system, this report suggests the following policy pillars: Requiring employers of a certain size to pay into the WETF (Workforce Equity Trust Fund) to broaden the share of economic risks. Making standard and portable a suite of wraparound services and employment benefits for every worker through the WETF. ...

What role does the WETF play in workforce equity?

The WETF (Workforce Equity Task Force) will ensure that approaches for improving health and well-being are incorporated into rapid reemployment strategies for dislocated workers and temporary workers in contingent employment. Workforce equity cannot be concerned only with job training and work attainment, seen in isolation. ...

Does the Department of labor have a role in promoting workforce equity?

The U.S. Department of Labor (DOL) could exercise its administrative authority to promote workforce equity. ...

Can the public workforce drive job quality accountability?

The public workforce system can drive job quality accountability by taking a multiple measures approach. This approach would serve as the mechanism for incentivizing and supporting the public workforce system to link reemployment and skills training with job quality. ...